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MLS® C12460064
Kensington-Chinatown, Toronto, ON
Don't miss this Historical Queen St West diamond in the rough! Tremendous potential for development of multi-unit residential in a prime location on the future Ontario Line. A rare 4 storey building on the bustling Queen St strip, currently mixed use-restaurant/residential with a trusted long term commercial tenant in place. Main Floor restaurant is 2235 sq. ft. plus approximately 1800 sq. ft. basement, with AC, Sprinklers, lease in place until 2027. The Upper 2nd, 3rd & 4th floor are 840 sq. ft per floor of residential with potential for 3-6 units. Upper floors are in original condition with a grand central staircase. Entire building has radiant heat, metal fire escapes and full washrooms on each floors. Lot is Approximately 20 ft x 120 ft, narrows in rear. This building has unlimited potential for investment, renovate for office or multi-unit residential in a prime location on the future Ontario Line in the heart of Queen West. Property is offered in AS-IS condition. New insulated entry door to residential installed 2024.
Inclusions
All residential chattels and fixtures included in AS-IS condition
Exclusions
Any chattels, fixtures, furnishings or equipment belonging to the tenants
Broker
CRESCENT REAL ESTATE INC.
Neighbourhood
Kensington-Chinatown
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Store W Apt/Office
414 Queen Street W Toronto
Kensington-Chinatown
Built
100+
Type
Store W Apt/Office
Parking
None
Property Tax
~$36,402/yr
Heating
Radiant
Buying Essentials
Square Feet
5000 sqft
Parking
None
Finances
List Price
$3,299,000
Price per SQFT
$660/sqft
Property Tax
~$36,402/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
5000 sqft
Age of Building
100+
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
Kensington-Chinatown
Listed On
Oct 9, 2025
Public Transit
Days on Market
Current: 393 days
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